Explore the latest industry news about third party logistics (3pls). Stay informed with trade articles by Global Trade industry experts.
A third party logistics (or 3PL) provider handles supply chain management logistics, a service that can include transportation, warehousing and delivery, but may also incorporate additional value-added services such as production or procurement. By outsourcing these functions, companies can achieve a cost savings over having to meet these demands internally. In addition to the economic benefits, 3pls can also deliver improved technical proficiency, through sophisticated IT systems that are often more advanced than those of the production or selling companies they serve. Since logistics is not a core business for many entities involved in global trade, the ability to turn these responsibilities over to a qualified 3pl provider allows companies to spend less time focusing on these tasks, and more time on the elements that made their respective businesses a success.
US Consumer Spending Trends Reshaping Container Shipping Dynamics
Recent estimates from Sea-Intelligence reveal a notable trend in US consumer spending dynamics, indicating a continued increase in expenditure despite… Read More
TrueCommerce Launches Advanced Sales and Warehouse Integration for Sage 300 Users
TrueCommerce, a global provider of trading partner connectivity and integration solutions, has launched a new web-based advanced sales and warehouse… Read More
Swiss WorldCargo Accelerates e-AWB Implementation
Swiss WorldCargo, the air cargo division of SWISS, has been intensifying its efforts to adopt the new electronic air waybill… Read More
BDP Enhances Functionality of Chemical, Life Sciences Apps
BDP International, one of the world’s leading privately held logistics and transportation management firms, has enhanced the functionality and overall… Read More
Total Quality Logistics to Create 75 New Jobs in Miami
Total Quality Logistics (TQL), one of the largest freight-brokerage firms in the country, will be expanding in Miami and creating… Read More
Third Party Logistics Market to Surpass $925 Billion By 2020
According to a recent study conducted by Hexa Research, the global 3PL market is likely to surpass $925 billion in… Read More
Axis Global Logistics Offers Simplified Access to Online Tracking Systems
Axis Global Logistics, a global supply chain solutions company with locations in North America, Europe, and Asia, launched its new… Read More
What Does Amazon’s Dominance Mean for Logistics Services Providers?
From its inception as an online bookseller, to its evolution to becoming the world’s biggest ecommerce company, Amazon’s influence and… Read More
Port Logistics Group Opens New Corporate HQ in Los Angeles
Omnichannel logistics services Port Logistics Group (PLG) has opened its new corporate headquarters in Los Angeles. The company’s new headquarters… Read More
CenterGate Capital Partners with Entertainment Logistics Leader
CenterGate Capital, an Austin-based private equity investment firm, has made an investment in Vision Media Management, a leader in worldwide… Read More
DHL Announces Strategic Partnership to Create Force in Global Foodservices Market
DHL Supply Chain has signed a strategic partnership with Compass Group UK and Ireland, accelerating the growth of its foodservice… Read More
DHL Facilitates Imports into European Markets
DHL Freight has introduced a new customs clearance service that makes shipping into the European Union for non-EU companies and… Read More
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